Why So Many South Africans Depend on Government Grants to Survive?

In this video, we examine South Africa's reliance on social welfare, where 29 million individuals receive government assistance, despite only 7.4 million taxpayers contributing income taxes to fund these programs. We'll look at how SASSA-managed programs such as Old Age, Child Assistance, Disability, and SRD help to alleviate poverty and assist disadvantaged populations. But, with over half of the South African population receiving subsidies, is this system sustainable? We'll look at the National Treasury's worries about the budgetary pressure and the rising discussion about the social safety net.
Video timeline:
00:00 - introduction
02:17 - Our today's sponsor
02:55 - sassa
03:40 - type of grants
05:12 - sdr350
05:49 - only 7.4 million taxpayers & budget strain
07:22 - Conclusion

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#southafrica #economy #grants #poverty #inequality #tax #afrinative